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IRS

British  

abbreviation

  1. Internal Revenue Service

  2. insulin resistance syndrome: a condition associated with diabetes mellitus in which higher than normal levels of insulin are present in the blood to compensate for the failure of normal insulin levels to perform their function

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The Investment Company Institute, which tracks industry data, reported that 1.6 million Roth conversions happened in 2023, based on the most recent available IRS data.

From MarketWatch ● Oct. 23, 2026

What’s more, selling a house to a family member below fair market value can create a gift of equity equal to the price difference, which the IRS may treat as a taxable gift.

From MarketWatch ● Oct. 23, 2026

The IRS lets homeowners take a $40,000 tax deduction on their state and local taxes.

From MarketWatch ● Oct. 8, 2026

Otherwise the IRS might try to treat the loan as a taxable gift.

From The Wall Street Journal ● Oct. 8, 2026

“How do you escape the IRS? What do you tell New York City?”

From "Bodega Dreams" by Ernesto Quinonez

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